The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effect.His appointment is an important stage in the streamlining of the business and will enable…
Update #37: Kulluk assessment continues, Sitkalidak Island debris removal.Unified Command confirmed the following information today: Assessment of the Kulluk drilling vessel in Kiliuda Bay continues, with inspection-class remotely operated vehicles (ROVs) being utilized to assess the hull…
Coast Guard, partner agencies respond to ferry allision in Manhattan. The Coast Guard is responding to an allison that occurred at the Pier 11 ferry terminal in Manhattan, N.Y. Fifty-seven injuries have been reported after the ferry Seastreak allided with the pier at 8:45 a…
NTSB investigating allision between oil tanker and San Francisco-Oakland Bay Bridge. The National Transportation Safety Board today announced it is investigating an allision Monday between the oil tanker Overseas Reymar and one of the supports of the San Francisco-Oakland Bay Bridge…
Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Virginia, appoints two Client Advocates.Jeremy Sykes and Francesca Sykes have been appointed Client Advocates of the Willis Marine Practice…
But long-term downward trend continues.• 106 ships lost worldwide in 2012, of which largest was Costa Concordia • Losses centered on South China and SE Asia seas • Industry initiatives address passenger vessels as well as the ‘human factor’ on board…
Boats removed from specified location for repair elsewhere may create a lapse in insurance coverage.Maritime Program Group, which is a program administrator for North American Specialty's recreational marine program, agreed to provide an…
The sheer magnitude of insurance claims year on year within the shipping industry is striking. The complexities that now come with these claims is placing increasing pressure on surveyors to employ ever more sophisticated techniques in their…
Three leading exponents of improved risk management in ports and container handling facilities have published recommended safety standards for container yard equipment. TT Club, PEMA and ICHCA International have identified additional safety devices that can be implemented on yard equipment…
XL Group plc’s (NYSE: XL) North American Marine business expands its blue water hull risk management capabilities in New York with the addition of Siobhan Coen and Jeff Loechner as senior underwriters and Eileen Fellin as a senior claims consultant…
A US East & Gulf Coasts port labor strike could further destabilize international trade says a new report.A potential labor strike by longshoremen along the US East and Gulf Coasts at the end of the year could have devastating economic consequences as inventory depletion…
MAST (‘Maritime Asset Security and Training’), a leading security organization that provides specialist global security services for the maritime community, has partnered with Beazley Group to offer a tailored piracy insurance policy designed…
General Increases of 10% and 5% are Maintained for 2013/14 Mutual Entries. The Strike Club, the market leader in the niche area of delay insurance for the marine trades, reports continuing strong demand for its mutual and fixed-premium covers…
InterMoor UK Operations, part of Acteon’s foundations and moorings business, has operated for more than five years without a lost time incident (LTI). InterMoor UK Operations includes Acteon companies InterMoor Ltd, InterMoor Marine Services Ltd and ChainCo…
Bureau of Safety and Environmental Enforcement Update on Platform Fire Investigation. The Bureau of Safety and Environmental Enforcement (BSEE) began an investigation early Friday morning into the explosion and fire aboard a production platform…